U.S. Census Bureau Daily Feature for March 2

Sat Mar 2, 2013 12:01am EST

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WASHINGTON,  March 2, 2013  /PRNewswire-USNewswire/ -- Following is the daily
"Profile America" feature from the U.S. Census Bureau:  

(Logo:  http://photos.prnewswire.com/prnh/20110428/DC91889LOGO)



SATURDAY, MARCH 2: FIRST BLACK-OWNED BANK

Profile America  - Saturday, March 2nd.  The capital of the vanquished
Confederacy was the site of the first chartered black-owned bank in the U.S.,
founded on this date in 1888 by former slave and Union Army veteran  William
Washington Browne.  It was known as the Savings Bank of the Grand Fountain,
United Order of True Reformers.  The bank provided mortgage loans and other
banking services that were difficult for African-Americans to obtain in the
segregated climate after reconstruction.  When the bank opened, Richmond had a
population of just over 81,000 people, 32,000 of them African-American.  Today,
Richmond is home to over 205,000 people, just over half of them
African-Americans.  You can find more facts about America from the U.S. Census
Bureau, online at  www.census.gov.

Sources:  On This Day:  Legislative Moments in Virginia History
               Historical Statistics of the United States:  Colonial Times to
1970, p. 483
               U.S. Census Bureau, QuickFacts

Profile America  is produced by the Center for New Media and Promotions of the
U.S. Census Bureau. These daily features are available as produced segments,
ready to air, on a monthly CD or on the Internet at http://www.census.gov (look
for "Multimedia Gallery" by the "Newsroom" button).     

SOURCE  U.S. Census Bureau


Rick Reed of the U.S. Census Bureau, +1-301-763-2812, fax: +1-301-763-3762,
richard.thomas.reed-at-census.gov

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